News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
News Corporation has announced a repurchase program targeting up to $1 billion of its Class A and Class B common stock, contingent on market conditions and other factors. The buy-back, which will occur periodically in the open market or through other transactions, will not include any ASX-listed CDIs. This move could potentially signal the company’s confidence in its stock value and financial health.
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